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What happens if the company building your house closes down?

A property under construction

A property under construction. Source: AAP

Home owners and subcontractors owed millions of dollars by former Senator Bob Day's house building group have been told there is no money left to repay them. The Home Australia group operated under different brand names in five states and collapsed last month, leaving more than 200 homes incomplete. What could happen to those home owners? Here is what finance adviser Bishwas Bhattarai had to say.



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